提醒：北京时间20:15，将公布美国7月ADP就业报告。 ...

Group 1 - The article highlights the upcoming release of the US ADP employment report for June at 20:15 Beijing time [1]

Core Viewpoint - US Treasury yields have stabilized after a significant decline due to weak economic data, with particular focus on upcoming non-farm payroll data [1] Group 1: Treasury Yields - The 2-year, 10-year, and 30-year US Treasury yields are currently at 3.879%, 4.367%, and 4.890% respectively [1] - The 2-year and 10-year Treasury yields fell by 8 basis points and 9.5 basis points respectively, influenced by the disappointing ADP employment report [1] Group 2: Employment Data - The ADP employment report has led to increased scrutiny on the upcoming non-farm payroll data, which is expected to be more significant than usual [1] - Analysts from Metzler emphasize that more signs of weakness in the labor market are needed before the Federal Reserve considers interest rate cuts [1]

Group 1 - The number of initial jobless claims in the U.S. increased by 18,000 to 241,000, the highest level since February, significantly above the market expectation of 223,000 [1] - The total number of individuals receiving unemployment benefits rose to 1.92 million, the highest since November 2021, indicating a prolonged reemployment cycle for the unemployed [1] - The four-week moving average of initial jobless claims increased to 226,000, which helps smooth out weekly fluctuations [1] Group 2 - The ADP employment report indicated that U.S. hiring slowed to the lowest level in nine months, with some service sectors experiencing layoffs [2] - Despite expectations that the unemployment rate will remain low at 4.2%, the unusual fluctuations in initial claims have cast a shadow over the job market [2] Group 3 - Following the release of the jobless claims data, the U.S. dollar index fell by 17 points, currently reported at 99.74 [3]